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TSX Market Update 2024-09-25

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SP/TSX slightly fell -0.2% (-46.1 pts) after a 4-day winning streak, closed at 23906 points.

Among the 150 largest-cap stocks, 63 (42%) closed higher, 53 of them rose with a lower volume. 39% of all TSX stocks ended higher.

In terms of sectors, 3 sectors closed up, 8 sectors closed down, 1 sector remained unchanged, ranging from -1% to +0.4%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Utilities was up +0.4%, but already the best performer, reflecting a more risk-averse market; Consumer Cyclical was down -1%, the worst performer.

● Magna International (MG) tumbled -5.5% (-$3.15), closed at $54.38, the worst % loss in nearly 2 months, crossed below MA20 and MA50 ($55.36, $56.42). The worst performer but with average volume.
360miq.com/stockinfo?code=MG.TO

● CCL Industries (CCL-A) rose +2.1% (+$1.69), closed at $83.38, hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=CCL-A.TO

● Canadian Tire (CTC) jumped +4.8% (+$10.98), closed at $237.64, the best % gain in 1 month. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=CTC.TO

360miq.com/market?data=TSX#tab-3

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